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20130220
20130220
Search Results 0 to 9 of about 10 (some duplicates have been removed)
furloughs. our pentagon correspondent barbara starr has one worker's stories. she's joining us. barbara? >> wolf, we've heard about this fancy washington word sequester for months now. what does it really mean? it means for hundreds and thousands of federal workers trying to figure out how to live on less. maintaining fighter jets and warships at the ready, providing care at military hospitals, crucial military functions done by some 800,000 civilian workers. now the pentagon has told congress these workers will be forced to stay home one day a week without pay if mandatory spending cuts are not averted. >> everybody is waiting to hear. it's definitely become the new "f "word here. furlough. >> for federal workers it will mean painful decisions. peter is already making plans. >> i'll pay those core bills. i'll pay the mortgage and the utilities and then you live on what's left. >> the head of the government workers union says his people have already suffered. >> already these employees have suffered a 27-month pay freeze. now a 20% pay cut. >> the impact of a one day a week furlough for
be furloughed unless congress can come to an agreement by march 1st. the pentagon notifies congress today of its large-scale furlough plan should those cuts kick in. >>> let's head to wall street. jackie deangelis is at the new york stock exchange. >> good morning, natalie. another day, another cyber attack. this time on apple. authorities believe that the hackers that targeted facebook last week use d the same softwae to attack the mac computers of apple employees. all this, of course, coming on the heels of chrysler, jeep and burger king saying their twitter accounts were attacked. >>> meanwhile it isn't 1999 but investors are sure partying like it is, after nasdaq hit an all-time high. >>> generating some buzz after a facebook town hall chat with parents' magazine and a discussion focusing on joe biden's gun control efforts. >> if you want to protect yourself, get a double barrel shotgun. you don't need an ar-15. buy a shotgun. buy a shotgun. >> vice president says he has two shotguns of his own at his home in delaware. those dash cam videos from russia never seem to disappoint. take a look,
including cost support options, call 1-888-xarelto or visit goxarelto.com. >>> the pentagon is warning today of drastic civilian cutbacks under the automatic budget cuts set for march 1st. our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are some 800,000 civilian workers are facing one day of furlough for the next 22 weeks. it is going to start hitting an awful lot of people right in the pocketbook. i want you to have a quick listen to one of the pentagon officials that explained some of the impact today. >> the effects of sequestration and the continuing resolution on our military personnel will be devastating. but on our civilians, it will be catastrophic.
on wbaltv.com, on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> the pentagon will notify congress of its plan to furlough employees. more than 700,000 will be required to take one day off per week without pay if sequestration kicks in. >> maryland could be impacted most by sequestration. >> howard county officials are bracing. 50,000 officials hold positions that could be affected by the in. that can agaikick >> it will be devastating. it is not just the big contractors. it is also the small ones. >> calling on congress to get a deal done. the obama administration plans to stop cyber stealing. >> hallie jackson has details. >> the obama administration will announce it is going after countries that spy on the u.s. by hacking. the u.s. wants more fines as part of an aggressive stance against cyber attacks, especially those from china. a chinese military unit was linked to years of stealing secrets on mine from the u.s. and private companies. china says they have nothing to do with the cyber attacks. >> what has the administration done so far? >> the president ha
. the pentagon notifies congress today of its large-scale furlough plan should those cuts kick in. >>> let's head to wall street. jackie deangelis is at the new york stock exchange. >> good morning, natalie. another day, another cyber attack. this time on apple. authorities believe that the hackers that targeted facebook last week use d the same softwae to attack the mac computers of apple employees. all this, of course, coming on the heels of chrysler, jeep and burger king saying their twitter accounts were attacked. >>> meanwhile it isn't 1999 but investors are sure partying like it is, after nasdaq hit an all-time high. >>> generating some buzz after a facebook town hall chat with parents' magazine and a discussion focusing on joe biden's gun control efforts. >> if you want to protect yourself, get a double barrel shotgun. you don't need an ar-15. buy a shotgun. buy a shotgun. >> vice president says he has two shotguns of his own at his home in delaware. those dash cam videos from russia never seem to disappoint. take a look, the driver was surprised to see that the vehicle came at the next ga
the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense, bipartisan action." and joining us now for more on this from washington, the former chief economist of the international monetary fund and bloomberg view columnist, simon johnson. he's the co-author of "white house burning: our national debt and why it matters to you," now out in paperback. simon, good to see you this morning. >> nice to be with you. >> simon, if you could help us through this over the next week or so, it doesn't look like there's a path to avoiding the sequestration if you listen to the two sides. so how damaging would this be? because we've heard a couple different versions of it that would have immediate impacts, more than 75
Search Results 0 to 9 of about 10 (some duplicates have been removed)